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Business, 20.09.2019 00:30 lucerogon7403

You are taking a $5,519 loan. you will pay it back in four equal amounts, paid every 6 months, with the first payment occurring 5 years from now (the payments begin after 5 years). the annual interest rate is 11% compounded semiannually. calculate the amount of each semiannual payment.

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You are taking a $5,519 loan. you will pay it back in four equal amounts, paid every 6 months, with...
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